Ordinance 2718-03 - Laserfiche WebLink

issued for all of the lots within the proposed project and such lots are sold to homeowners, then said maintenance responsibility shall transfer to the homeowners. To effectuate the transfer, a maintenance program ensuring the long term viability and maintenance of the vegetation shall be prepared and presented to the city for the city's review and approval. A restrictive covenant to be recorded with the county auditor shall be filed by the applicant for the city's review and approval at such time that final subdivision or short subdivision approval is requested specifying the homeowners maintenance responsibilities as provided herein. is hereby amended to read as follows: 1. Landscape Maintenance Responsibility. The following shall apply: 1. Except as provided in subsection L.2 of this section, the maintenance of all landscaping and street trees located on any lot within a proposed project shall be the responsibility and expense of the applicant, developer,builder or property owner until such time as a certificate of occupancy or final inspection approval is issued for the lot and sold to a homeowner, then said maintenance responsibility shall transfer to the homeowner. A restrictive covenant to be recorded with the county auditor shall be filed by the applicant for the city's review and approval at such time that final subdivision or short subdivision approval is requested specifying the homeowners maintenance responsibilities as provided herein. 2. The maintenance of all common landscaped areas within a proposed project shall be the responsibility of the applicant, developer,builder or property owner until such time as a certificate of occupancy or final inspection approval is issued for all of the lots within the proposed project and such lots are sold to homeowners, then said maintenance responsibility shall transfer to the homeowners. To effectuate the transfer, a maintenance program ensuring the long term viability and maintenance of the vegetation shall be prepared and presented to the city for the city's review and approval. A restrictive covenant to be recorded with the county auditor shall be filed by the applicant for the city's review and approval at such time that final subdivision or short subdivision approval is requested specifying the homeowners maintenance responsibilities as provided herein. 3. Performance Guarantee. A performance guarantee in the form of cash set-aside or assignment of funds will be required for landscaping improvements if landscaping has not been installed prior to final approval. The amount of the performance guarantee shall be 150%of the cost of materials and installation. All performance guarantees shall be filed at the Planning/Community Development Department on forms approved by the City. The performance guarantee shall be held for a maximum of up to one year, after which time the City will use the proceeds to perform the work if it has not been completed.